First Community Corporation Announces Third Quarter Results and Cash Dividend

Q: What were First Community Corporation's third-quarter 2026 earnings?

First Community reported $8.044 million in net income and $0.85 in diluted EPS for the third quarter of 2026. Net income increased 54.9% year-over-year and 5.9% sequentially, while diluted EPS increased 26.9% and 6.3%, respectively.

Q: When will FCCO pay its third-quarter 2026 dividend?

FCCO's $0.17-per-common-share dividend is payable November 17, 2026, to shareholders of record November 3, 2026. This represents the company's 99th consecutive quarter of cash dividends to common shareholders.

Q: Did First Community Corporation repurchase shares during the third quarter of 2026?

First Community did not repurchase any shares during the third quarter of 2026. Its existing plan authorizes up to $7.5 million in common-stock repurchases from time to time through May 7, 2027.

Q: How did FCCO's deposit and funding costs change in the third quarter of 2026?

First Community's deposit and funding costs were unchanged from the second quarter. The cost of deposits was 1.76%, and the cost of funds was 1.82% in the third quarter of 2026.

Quarterly earnings included a $797 thousand non-recurring gain, while deposits fell and substandard loans increased.

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Rhea-AI Summary

First Community Corporation (Nasdaq: FCCO) reported third-quarter 2026 net income of $8.044 million, up 54.9% from a year earlier. Diluted earnings per share rose 26.9% to $0.85. Nine-month net income increased 47.0% to $21.137 million. Results include Signature Bank of Georgia, acquired January 8, 2026.

Tax-equivalent net interest margin reached 3.59%, its tenth consecutive quarterly expansion. Loans totaled $1.610 billion after $32.1 million of quarterly growth, while deposits declined to $2.005 billion from $2.025 billion. Quarterly non-interest income included a $797 thousand non-recurring settlement gain. Substandard loans rose to $5.9 million from $1.3 million at year-end, and non-interest expense increased sequentially to $15.630 million. The board approved a $0.17-per-share dividend, payable November 17, 2026, to shareholders of record November 3.

28 points · 0 major

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0 major · 15 points

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Positive

Moderate pointThird-quarter net income rose 54.9% year-over-year and 5.9% sequentially to $8.044 million.
Moderate pointQuarterly net interest income reached $20.238 million, versus $19.501 million sequentially and $15.994 million year-over-year.
Moderate pointTax-equivalent net interest margin expanded eight basis points sequentially to 3.59%, its tenth consecutive quarterly increase.
Moderate pointLoans grew $32.1 million during the quarter to $1.610 billion, an 8.1% annualized growth rate.
Moderate pointQuarterly non-interest income rose 34.0% year-over-year and 6.2% sequentially to $5.988 million, including a non-recurring gain.
Moderate pointAssets under management reached $1.404 billion, versus $1.378 billion sequentially and $1.103 billion year-over-year.
Moderate pointShareholders' equity to total assets increased to 9.74% from 8.14% at December 31, 2025.

21 minor points

Minor pointThird-quarter diluted EPS increased 26.9% year-over-year and 6.3% sequentially to $0.85.
Minor pointNine-month net income increased 47.0% year-over-year to $21.137 million.
Minor pointNine-month diluted EPS rose 21.1% year-over-year to $2.24.
Minor pointNine-month net interest income increased to $58.108 million from $45.708 million a year earlier.
Minor pointOrganic nine-month loan growth, excluding acquisition-day balances, totaled $103.7 million, a 10.6% annualized rate.
Minor pointLoan portfolio yield increased to 6.08% from 6.02% in the second quarter.
Minor pointNon-interest-bearing deposits increased to $534.1 million from $527.9 million at June 30, 2026.
Minor pointInvestment portfolio yield increased to 3.36% from 3.33% in the second quarter.
Minor pointThe previously charged-off SBA loan settlement generated $797 thousand of non-recurring quarterly income.
Minor pointNine-month non-interest income increased 29.7% year-over-year to $16.415 million.
Minor pointQuarterly investment advisory revenue rose 39.9% year-over-year and 14.0% sequentially to $2.605 million.
Minor pointNine-month investment advisory revenue increased 32.2% year-over-year to $7.162 million.
Minor pointSBA loan production increased to $16.480 million from $16.140 million in the second quarter.
Minor pointGovernment-guaranteed lending gain-on-sale margin increased to 8.36% from 7.50% in the second quarter.
Minor pointTangible common equity to tangible assets increased to 8.50% from 7.47% at December 31, 2025.
Minor pointBank capital ratios exceeded well-capitalized requirements; leverage rose to 9.52% from 8.55% a year earlier.
Minor pointBank Tier 1 and common equity Tier 1 ratios reached 13.23%, versus 13.10% a year earlier.
Minor pointBank total risk-based capital ratio increased to 14.37% from 14.15% a year earlier.
Minor pointBook value per share increased to $24.49 from $21.78 at December 31, 2025.
Minor pointTangible book value per share increased to $21.09 from $19.84 at December 31, 2025.
Minor point. Forward-looking: it has not happened yet and may not happen.Existing repurchase authorization permits up to $7.5 million of purchases through May 7, 2027.

Negative

Moderate pointSubstandard loans increased to $5.9 million from $1.3 million at December 31, 2025.
Moderate pointAccumulated other comprehensive loss widened to $22.9 million from $18.2 million sequentially as market interest rates increased.
Minor pointTotal deposits declined to $2.005 billion from $2.025 billion at June 30, 2026.
Minor pointDeposits excluding certificates of deposit declined to $1.695 billion from $1.702 billion at June 30, 2026.
Minor pointNon-performing assets increased to $990 thousand from $887 thousand sequentially; their total-assets ratio remained 0.04%.

10 minor points

Minor pointPast-due loan ratio increased to 0.27% from 0.26% at June 30, 2026.
Minor pointThird-quarter net charge-offs, including overdrafts, totaled $9 thousand; nine-month net charge-offs totaled $35 thousand.
Minor pointThird-quarter credit-loss provision was $193 thousand; loan-loss allowance totaled $18.703 million, or 1.16% of loans.
Minor pointOther short-term investments declined to $107.5 million from $130.5 million at June 30, 2026.
Minor pointMortgage production fell to $45.9 million from $51.6 million a year earlier.
Minor pointMortgage secondary-market fees fell to $608 thousand from $931 thousand year-over-year; gain-on-sale margin declined to 2.65% from 2.91%.
Minor pointGovernment-guaranteed lending fee revenue fell to $534 thousand from $704 thousand in the second quarter.
Minor pointGovernment-guaranteed loan sales declined to $5.10 million from $8.94 million sequentially; premiums fell to $426 thousand from $671 thousand.
Minor pointQuarterly non-interest expense increased to $15.630 million from $15.273 million in the second quarter.
Minor pointAcquired-loan amortization expense totaled $143 thousand, reducing quarterly loan yield by 0.04% and net interest margin by 0.03%.

Key Figures

Net income: $8.044 million Diluted EPS: $0.85 per common share Net interest margin: 3.59% +3 more

Net income: $8.044 million; Third quarter 2026; up 54.9% year-over-year
Diluted EPS: $0.85 per common share; Third quarter 2026; up 26.9% year-over-year
Net interest margin: 3.59%; Third quarter 2026, tax-equivalent basis; up 8 basis points from Q2 2026
Quarterly loan growth: $32.1 million; Third quarter 2026; 8.1% annualized growth rate
Organic loan growth: $103.7 million; First nine months of 2026, excluding day-one Signature Bank acquisition balances; 10.6% annualized growth rate
Cash dividend: $0.17 per common share; Third quarter 2026 dividend; payable November 17, 2026

Previous Dividends,earnings Reports

2 past events · Latest: Apr 22

Same Type 2 events

Apr 22
earnings/dividend

24h Move

+1.6%

Q1 2026 net income was $5.498 million, diluted EPS was $0.59, and the dividend was $0.16 per share.
Oct 22
earnings/dividend

24h Move

+2.4%

Q3 2025 net income was $5.192 million, diluted EPS was $0.67, and the dividend was $0.16 per share.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

net interest margin, common equity tier 1, non-performing assets, adjustable rate mortgages, +1 more

5 terms

net interest margin financial

"Net interest margin, on a tax equivalent basis, of 3.59%"

Net interest margin measures how much a bank earns from lending and investing compared with what it pays for funding, expressed as a percentage of its interest-earning assets. Think of it like a grocery store’s markup: it shows the gap between buying cost and selling price per dollar of goods — here, the cost is interest paid and the sale is interest received. Investors watch it because a higher margin usually means a bank is more profitable and better at managing interest rate and credit conditions.

common equity tier 1 regulatory

"the bank's Common Equity Tier 1 ratio was 13.23%"

Common Equity Tier 1 is the highest-quality capital a bank holds—mainly common shares and retained profits—that acts as the primary cushion against losses. Investors use the CET1 level and ratio to judge a bank’s financial strength and regulatory standing: a bigger cushion means the bank is better able to absorb shocks, sustain payouts and borrow cheaply, much like an emergency fund for a household.

non-performing assets financial

"The non-performing assets (NPAs) were 0.04% of total assets"

Loans or other credit exposures that are not producing expected income because borrowers have stopped making scheduled payments for a significant period (commonly around 90 days). Think of it like a business lending money that has gone quiet — the cash flow stops while the lender still carries the debt on its books. High levels of non-performing assets matter to investors because they reduce a lender’s earnings, tie up capital that could be used for growth, and signal higher risk of future losses.

adjustable rate mortgages financial

"$7.6 million in adjustable rate mortgages (ARMs)"

A mortgage with an interest rate that can change over time instead of staying fixed for the life of the loan. Think of it like a thermostat that regularly adjusts with room temperature: payments can go up or down as general interest rates move. Investors watch adjustable-rate mortgages because shifting payments affect homeowners’ ability to pay, the value of mortgage-backed securities, bank earnings and overall housing demand.

non-gaap financial measure financial

"Considered non-GAAP financial measure"

A non-GAAP financial measure is a way companies present their financial results that excludes certain expenses or income to show how they believe their core business is performing. It matters because it can give a clearer picture of how the company is really doing, but it can also be used to make results look better than they actually are.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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10/21/2026 - 09:00 AM EDT

LEXINGTON, S.C., Oct. 21, 2026 /PRNewswire/ -- Today, First Community Corporation (Nasdaq: FCCO), the holding company for First Community Bank, announced earnings and discussed the results of operations and the company's activities during the third quarter of 2026.

Highlights for the third quarter of 2026 include:

Net income of $8.044 million during the third quarter of 2026, an increase of 54.9% year-over-year and 5.9% on a linked quarter basis. Net income excluding the after-tax effect of merger expenses¹ during the third quarter of 2026 of $8.123 million, an increase of 44.3% year-over-year and 1.8%, on a linked quarter basis.
Net income for the nine months ended September 30, 2026 of $21.137 million, a 47.0% increase over the same time period in 2025. Net income for the nine months ended September 30, 2026, excluding the after-tax effect of merger expenses¹, of $22.857 million, an increase of 52.5% year-over-year.
Diluted EPS of $0.85 per common share during the third quarter of 2026, an increase of 26.9% year-over-year and 6.3% on a linked quarter basis. Diluted EPS for the third quarter of 2026, excluding the after-tax effect of merger expenses¹ of $0.86, an increase of 19.4% year-over-year and 2.4% on a linked quarter basis.
Diluted EPS of $2.24 per common share for the nine months ended September 30, 2026, an increase of 21.1% over the same time period in 2025. Diluted EPS excluding the after-tax effect of merger expenses¹ of $2.42 for the nine months ended September 30, 2026, an increase of 25.4% over the same time period in 2025.
Net interest margin, on a tax equivalent basis, of 3.59%, an expansion of eight basis points compared to the second quarter of 2026. This is the tenth consecutive quarter of margin expansion.
Total loans were $1.610 billion at September 30, 2026 with growth of $32.1 million during the quarter, an annualized growth rate of 8.1%. Year-to-date loan growth through September 30, 2026 is $299.4 million. This growth includes $195.7 million related to the acquisition of Signature Bank of Georgia. Excluding the impact of the day one Signature Bank acquisition balances, organic loan growth was $103.7 million during the first nine months of 2026 which represents a 10.6% annualized growth rate.
Shareholders equity to total assets was 9.74% at September 30, 2026, compared to 8.14% at December 31, 2025. Capital ratios including the Tangible Common Shareholders' Equity to Tangible Assets¹ (TCE) and the Leverage ratio increased to 8.50% and 9.52%, respectively, from 7.47% and 8.66%, respectively, at December 31, 2025.
Key credit quality metrics continue to be strong with net charge-offs, including overdrafts, during the third quarter of 2026 of $9 thousand; net loan recoveries, excluding overdrafts, during the quarter of $5 thousand; non-performing assets of 0.04%; and past due loans of 0.27% at September 30, 2026.
Investment advisory revenue of $2.605 million, an increase of 39.9% year-over-year and 14.0% on a linked quarter basis. Year to date investment advisory revenue of $7.162 million, an increase of 32.2% over the same time period in 2025. Assets under management (AUM) were $1.404 billion at September 30, 2026, compared to $1.378 billion at June 30, 2026, $1.170 billion at December 31, 2025, and $1.103 billion at September 30, 2025.
Cash dividend of $0.17 per common share, the 99^th consecutive quarter of cash dividends paid to common shareholders.

Earnings

Net income for the third quarter of 2026 was $8.044 million with diluted earnings per common share of $0.85. This compares to net income and diluted earnings per common share of $5.192 million and $0.67, respectively, year-over-year and $7.595 million and $0.80, respectively, on a linked quarter basis. Net income excluding the after-tax effect of merger expenses¹ was $8.123 million, an increase of 44.3% year-over-year and 1.8%, on a linked quarter basis. Diluted EPS excluding the after-tax effect of merger expenses¹ was $0.86, an increase of 19.4% year-over-year and 2.4% on a linked quarter basis. Results reported include the impact of the acquisition of Signature Bank of Georgia, which closed on January 8, 2026.

Year-to-date through September 30, 2026, net income was $21.137 million compared to $14.375 million during the first nine months of 2025. Diluted earnings per share for the first nine months of 2026 were $2.24 compared to $1.85 during the same time period in 2025. Net income year-to-date, excluding the after-tax effect of merger expenses¹, was $22.857 million, an increase of 52.5% year-over-year. Diluted EPS year-to-date, excluding the after-tax effect of merger expenses¹, was $2.42, an increase of 25.4% year-over-year. Results reported include the impact of the acquisition of Signature Bank of Georgia, which closed on January 8, 2026.

Cash Dividend and Capital

The Board of Directors has approved a cash dividend for the third quarter of 2026 of $0.17 per common share. This dividend is payable on November 17, 2026 to shareholders of record of the company's common stock as of November 3, 2026. First Community Corporation CEO and President, Mike Crapps commented, "The entire board is pleased that our performance enables the company to continue its cash dividend for the 99^th consecutive quarter."

Each of the regulatory capital ratios for the bank exceeds the well capitalized levels under applicable regulatory requirements. At September 30, 2026, the bank's regulatory capital ratios, Leverage, Tier 1 Risk Based and Total Risk Based, were 9.52%, 13.23%, and 14.37%, respectively. This compares to the same ratios as of September 30, 2025 of 8.55%, 13.10%, and 14.15%, respectively. As of September 30, 2026, the bank's Common Equity Tier 1 ratio was 13.23% compared to 13.10% at September 30, 2025. The company's shareholders' equity to total assets was 9.74% at September 30, 2026 compared to 8.14% at December 31, 2025 and 7.82% as of September 30, 2025. The company's tangible common shareholders' equity to tangible assets¹ (TCE) was 8.50% at September 30, 2026 compared to 7.47% at December 31, 2025 and 7.15% as of September 30, 2025.

Book value per common share was $24.49 at September 30, 2026, compared to $21.78 at December 31, 2025, and $21.01 at September 30, 2025. Tangible Book Value (TBV) per share¹ increased during the quarter to $21.09 per share at September 30, 2026, from $19.84 per share as of December 31, 2025, and $19.06 per share at September 30, 2025.

On May 7, 2026, the company announced that it had approved a plan to utilize up to $7.5 million of capital to repurchase shares of the company's common stock, which represents approximately 3.3% of total shareholders' equity as of September 30, 2026. Under the repurchase plan, the company may repurchase shares from time to time, through May 7, 2027. While the company did not repurchase any shares during the third quarter of 2026, the repurchase plan provides capital management opportunities for the company in the future.

Loan Portfolio Quality/Allowance for Credit Losses

We believe the company's asset quality remains strong. The non-performing assets (NPAs) were 0.04% of total assets at September 30, 2026, with $990 thousand in NPAs, which compares to 0.04% and $887 thousand, respectively, at June 30, 2026. The past due ratio for all loans was 0.27% at September 30, 2026 compared to 0.26% at June 30, 2026. During the third quarter of 2026, the bank had net charge-offs, including overdrafts, of $9 thousand and net loan recoveries, excluding overdrafts, of $5 thousand. Year-to-date through September 30, 2026, the company had net charge-offs, including overdrafts, of $35 thousand and net loan recoveries, excluding overdrafts, of $12 thousand. The ratio of classified loans plus Other Real Estate Owned (OREO) is 2.45% of total bank regulatory risk-based capital at September 30, 2026, and substandard loans were $5.9 million at September 30, 2026 compared to $1.3 million at December 31, 2025. The provision for credit losses was $193 thousand in the third quarter of 2026, and the allowance for credit losses on loans was $18.703 million, or 1.16% of total loans at September 30, 2026.

Balance Sheet

Total loans increased during the third quarter of 2026 by $32.1 million to $1.610 billion at September 30, 2026, a linked quarter annualized growth rate of 8.1%. Commercial loan production was $53.3 million during the third quarter of 2026. There were also advances of unfunded commercial construction loans of $17.9 million during the third quarter of 2026. Offsetting some of this loan growth were loan payoffs and paydowns in the third quarter of 2026 which were down approximately 16.9% compared to the second quarter of 2026.

The yield on the loan portfolio was 6.08% in the third quarter of 2026 as compared to 6.02% in the second quarter of 2026. Purchase accounting amortization on the acquired Signature Bank of Georgia loan portfolio resulted in amortization expense of $143 thousand during the third quarter of 2026, thus reducing the loan portfolio yield by 0.04% during the third quarter. This compares to amortization expense of $178 thousand in the second quarter of the year and $437 thousand in the first quarter of the year, which reduced the loan portfolio yield by 0.05% and 0.12%, respectively.

Total deposits were $2.005 billion at September 30, 2026 compared to $2.025 billion at June 30, 2026. Securities sold under agreements to repurchase, which are related to customer cash management accounts or business sweep accounts, were $101.5 million at September 30, 2026 compared to $96.5 million at June 30, 2026. Average total deposits plus securities sold under agreements to repurchase were basically flat in the third quarter at $2.119 billion as compared to $2.120 billion in the second quarter. Pure deposits, which are defined as total deposits less certificates of deposit, were $1.695 billion at September 30, 2026 compared to $1.702 billion at June 30, 2026. Average pure deposits were basically flat in the third quarter at $1.699 billion as compared to $1.697 billion in the second quarter of the year. Non-interest-bearing deposits were $534.1 million or 26.6% of total deposits at September 30, 2026 compared to $527.9 million or 26.1% of total deposits at June 30, 2026. The average balance per customer deposit account as of September 30, 2026 was $33,893, with the average balance per consumer account of $17,657 and per non-consumer account of $72,690. We believe these metrics reflect the granularity and the quality of the bank's deposit franchise. Cost of deposits remained unchanged from the second quarter of 2026 at 1.76% in the third quarter of 2026. Cost of funds also remained unchanged on a linked quarter basis at 1.82% in the third quarter of 2026.

The bank has other short-term investments, primarily interest-bearing cash at the Federal Reserve Bank, of $107.5 million at September 30, 2026 compared to $130.5 million at June 30, 2026. The investment portfolio was $516.0 million at September 30, 2026 compared to $510.8 million at June 30, 2026. The yield increased to 3.36% during the third quarter of 2026 as compared to 3.33% in the second quarter of 2026. The effective duration of the total investment portfolio is 3.5 at September 30, 2026. Accumulated Other Comprehensive Loss (AOCL) was $22.9 million at September 30, 2026 compared to $18.2 million at June 30, 2026, with the increase attributable to an increase in market interest rates.

Net Interest Income/Net Interest Margin

Net interest income was $20.238 million in the third quarter of 2026 compared to $19.501 million in the second quarter of 2026 and $15.994 million in the third quarter of 2025. Year-to-date net interest income is $58.108 million compared to $45.708 million during the first nine months of 2025. The net interest margin, on a tax equivalent basis, was 3.59% for the third quarter of 2026 compared to 3.51% in the second quarter of 2026 and 3.27% in the third quarter of 2025. This tenth consecutive quarter of margin expansion was driven by a combination of factors including improved loan portfolio yield, the growth in the loan portfolio which resulted in a better earning asset mix, while cost of deposits and cost of funds remained unchanged. Loans as a percent of earning assets were 71.9% at September 30, 2026 compared to 70.7% at June 30, 2026. Purchase accounting amortization on the acquired Signature Bank of Georgia loan portfolio resulted in amortization expense of $143 thousand during the third quarter of 2026, thus reducing net interest margin by 0.03% during the quarter. This compares to amortization expense of $178 thousand in the second quarter of the year and $437 thousand in the first quarter of the year, which reduced net interest margin by 0.03% and 0.08%, respectively. Cost of deposits and cost of funds remained unchanged on a linked quarter basis at 1.76% and 1.82%, respectively.

Non-Interest Income

Non-interest income for the third quarter of 2026 was $5.988 million, compared to $5.637 million in the second quarter of 2026 and $4.469 million in the third quarter of 2025, an increase of 6.2% and 34.0%, respectively. Third quarter 2026 non-interest income includes $797 thousand of non-recurring income related to an SBA loan settlement gain on an SBA loan that was previously charged off by Signature Bank of Georgia prior to its acquisition by First Community. Year-to-date non-interest income was $16.415 million as of September 30, 2026 compared to $12.657 million during the first nine months of 2025, an increase of 29.7%.

Total production in the mortgage line of business in the third quarter of 2026 was $45.9 million which was comprised of $23.0 million in fixed rate loans sold in the secondary market, $7.6 million in adjustable rate mortgages (ARMs), and $15.3 million in construction loans. Total fee revenue in the mortgage line of business was $614 thousand in the third quarter of 2026, which includes $608 thousand associated with the fixed rate loans sold in the secondary market with a gain-on-sale margin of 2.65%. This compares to production year-over-year of $51.6 million which was comprised of $32.0 million in fixed rate loans sold in the secondary market, $4.2 million in ARMs, and $15.4 million in construction loans during the third quarter of 2025. Fee revenue associated with the fixed rate loans sold in the secondary market in the third quarter of 2025 was $931 thousand with a gain-on-sale margin of 2.91%.

Revenue from the financial planning and investment advisory line of business was $2.605 million for the third quarter of 2026 compared to $2.286 million in the second quarter of 2026 and $1.862 million in the third quarter of 2025. Assets Under Management (AUM) were $1.404 billion at September 30, 2026, compared to $1.378 billion at June 30, 2026, and $1.103 billion at September 30, 2025.

Total fee revenue from the Government Guaranteed Lending line of business was $534 thousand in the third quarter of 2026 compared to $704 thousand in the second quarter of the year. Production in this line of business in the third quarter of 2026 included $16.480 million in SBA loans compared to the second quarter of the year with production of $16.140 million in SBA loans. During the third quarter of 2026, the company sold $5.10 million in loans, which resulted in a premium of $426 thousand and a gain-on-sale margin of 8.36%. This compares to the second quarter of the year with $8.94 million in loans sold for a premium of $671 thousand and a gain-on-sale margin of 7.50%.

Non-Interest Expense

Non-interest expense was $15.630 million in the third quarter of 2026 compared to $15.273 million in the second quarter of the year. Marketing and public relations expenses were up $245 thousand on a linked quarter basis due to the planned expansion of media buys during the third quarter. Other expenses were up $341 thousand in the third quarter which was primarily driven by the previously disclosed reversal of a merger related accrual in the amount of $270 thousand in the second quarter of the year. On a linked quarter, Merger expense was down $399 thousand to only $104 thousand in the third quarter. In addition, during the third quarter, there was an $86 thousand write down in Other Real Estate (ORE), which leaves a balance of only $83 thousand in total ORE for the bank remaining as of September 30, 2026.

About First Community Corporation

First Community Corporation stock trades on The NASDAQ Capital Market under the symbol "FCCO" and is the holding company for First Community Bank, a local community bank based in the Midlands of South Carolina. First Community Bank is a full-service commercial bank offering deposit and loan products and services, residential mortgage lending, financial planning/investment advisory services, and SBA/USDA lending. First Community serves customers in the Midlands, Aiken, Upstate and Piedmont Regions of South Carolina as well as Augusta and Atlanta, Georgia. For more information, visit www.firstcommunitybankers.com.

FORWARD-LOOKING STATEMENT
This news release and certain statements by our management may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to future plans, goals, projections and expectations and are thus prospective. Forward-looking statements can be identified by words such as "anticipate", "expects", "intends", "believes", "may", "likely", "will", "plans", "positions", "future", "forward", or other statements that indicate future periods. Forward-looking statements are subject to risks, uncertainties, or other factors that could cause actual results to differ materially from those anticipated. Such risks, uncertainties and other factors, include, among others, the following: (1) the risk that anticipated cost savings or other expected benefits of the acquisition of Signature Bank of Georgia may not be realized; (2) potential disruption to client or employee relationships as a result of the acquisition of Signature Bank of Georgia; (3) competitive pressures among depository and other financial institutions may increase significantly and have an effect on pricing, spending, third-party relationships and revenues; (4) the strength of the United States economy in general and the strength of the local economies in which we conduct operations may be different than expected; (5) the rate of delinquencies and amounts of charge-offs, the level of allowance for credit loss, the rates of loan growth, or adverse changes in asset quality in our loan portfolio, which may result in increased credit risk-related losses and expenses; (6) changes in legislation, regulation, policies or administrative practices, whether by judicial, governmental, or legislative action; (7) adverse conditions in the stock market, the public debt markets and other capital markets (including changes in interest rate conditions), which could continue to have a negative impact on the company; (8) changes in interest rates, which have and may continue to affect our deposit and funding costs, net income, prepayment penalty income, mortgage banking income, and other future cash flows, or the market value of our assets, including our investment securities; (9) technology and cybersecurity risks, including potential business disruptions, reputational risks, and financial losses, associated with potential attacks on or failures by our computer systems and computer systems of our vendors and other third parties; (10) elevated inflation which causes adverse risk to the overall economy, and could indirectly pose challenges to our customers and to our business; (11) any increases in FDIC assessment which has increased, and may continue to increase, our cost of doing business; (12) the adverse effects of events beyond our control that may have a destabilizing effect on financial markets and the economy, such as epidemics and pandemics, war or terrorist activities, essential utility outages, government shutdowns, deterioration in the global economy, instability in the credit markets, disruptions in our customers' supply chains or disruptions in transportation; (13) risks associated with the planned and previously announced leadership transition, including the ability to retain key employees, maintain client relationships, and successfully integrate new executive responsibilities; and (14) risks, uncertainties and other factors disclosed in our most recent Annual Report on Form 10-K filed with the SEC, or in any of our Quarterly Reports on Form 10-Q or Current Reports on Form 8-K filed with the SEC since the end of the fiscal year covered by our most recently filed Annual Report on Form 10-K, which are available at the SEC's Internet site (http://www.sec.gov).

Although we believe that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove to be inaccurate. We can give no assurance that the results contemplated in the forward-looking statements will be realized. The inclusion of this forward-looking information should not be construed as a representation by our company or any person that the future events, plans, or expectations contemplated by our company will be achieved. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

¹Considered non-GAAP financial measure – See Non-GAAP Financial Measures and reconciliation of non-GAAP financial measures to GAAP on pages 12 and 13.

FIRST COMMUNITY CORPORATION
BALANCE SHEET DATA
(Dollars in thousands, except per share data)
	As of
	September 30,	June 30,	March 31,	December 31,	September 30,
	2026	2026	2026	2025	2025

Total Assets	$ 2,363,296	$ 2,372,348	$ 2,391,531	$ 2,057,732	$ 2,066,598
Other Short-term Investments and CD's¹	107,508	130,516	182,497	137,184	163,237
Investment Securities
Investments Held-to-Maturity	183,496	184,974	188,728	195,135	198,824
Investments Available-for-Sale	329,321	322,596	320,710	294,109	299,529
Other Investments at Cost	3,213	3,252	3,204	2,942	2,942
Total Investment Securities	516,030	510,822	512,642	492,186	501,295
Loans Held-for-Sale	4,781	11,946	6,936	10,737	8,970
Loans	1,610,426	1,578,292	1,549,143	1,311,019	1,279,310
Allowance for Credit Losses - Investments	13	14	16	19	19
Allowance for Credit Losses - Loans	18,703	18,515	18,364	13,806	13,478
Allowance for Credit Losses - Unfunded Commitments	608	609	654	531	529
Goodwill	29,399	29,399	29,399	14,637	14,637
Other Intangibles	2,577	2,681	2,785	289	328
Total Deposits	2,004,514	2,024,840	2,048,264	1,749,544	1,771,164
Securities Sold Under Agreements to Repurchase	101,469	96,546	99,835	107,189	99,614
Federal Funds Purchased	-	-	-	-	-
Federal Home Loan Bank Advances	-	-	-	-	-
Junior Subordinated Debt	14,964	14,964	14,964	14,964	14,964
Accumulated Other Comprehensive Loss (AOCL)	(22,933)	(18,224)	(18,834)	(18,401)	(20,173)
Shareholders' Equity	230,184	227,985	220,817	167,557	161,568

Book Value Per Common Share	$ 24.49	$ 24.25	$ 23.50	$ 21.78	$ 21.01
Tangible Book Value Per Common Share (non-GAAP)	$ 21.09	$ 20.84	$ 20.07	$ 19.84	$ 19.06
Equity to Assets	9.74 %	9.61 %	9.23 %	8.14 %	7.82 %
Tangible Common Equity to Tangible Assets (TCE Ratio) (non-GAAP)	8.50 %	8.37 %	8.00 %	7.47 %	7.15 %
Loan to Deposit Ratio (Includes Loans Held-for-Sale)	80.58 %	78.54 %	75.97 %	75.55 %	72.74 %
Loan to Deposit Ratio (Excludes Loans Held-for-Sale)	80.34 %	77.95 %	75.63 %	74.93 %	72.23 %
Allowance for Credit Losses - Loans/Loans	1.16 %	1.17 %	1.19 %	1.05 %	1.05 %

Regulatory Capital Ratios (Bank):
Leverage Ratio	9.52 %	9.29 %	9.09 %	8.66 %	8.55 %
Tier 1 Capital Ratio	13.23 %	12.98 %	12.82 %	13.11 %	13.10 %
Total Capital Ratio	14.37 %	14.13 %	13.98 %	14.16 %	14.15 %
Common Equity Tier 1 Capital Ratio	13.23 %	12.98 %	12.82 %	13.11 %	13.10 %
Tier 1 Regulatory Capital	$ 224,161	$ 217,585	$ 211,380	$ 179,295	$ 175,471
Total Regulatory Capital	$ 243,484	$ 236,724	$ 230,413	$ 193,650	$ 189,497
Common Equity Tier 1 Capital	$ 224,161	$ 217,585	$ 211,380	$ 179,295	$ 175,471

¹Includes federal funds sold and interest-bearing deposits

Average Balances:	Three months ended			Nine months ended
	September 30,			September 30,
	2026	2025		2026	2025

Average Total Assets	$ 2,375,645	$ 2,051,815		$ 2,364,920	$ 2,022,432
Average Loans (Includes Loans Held-for-Sale)	1,593,106	1,280,814		1,559,354	1,261,175
Average Investment Securities	508,527	504,100		507,407	500,631
Average Short-term Investments and CDs¹	143,536	159,379		167,136	152,025
Average Earning Assets	2,245,169	1,944,293		2,233,897	1,913,831
Average Deposits	2,017,937	1,754,654		2,005,170	1,720,756
Average Other Borrowings	115,961	119,990		122,887	130,216
Average Shareholders' Equity	230,740	158,014		223,364	152,324

Asset Quality:	As of
	September 30,	June 30,	March 31,	December 31,	September 30,
	2026	2026	2026	2025	2025
Loan Risk Rating by Category (End of Period)
Special Mention	$ 5,825	$ 5,205	$ 5,713	$ 5,186	$ 2,948
Substandard	5,888	5,869	4,009	1,306	1,314
Doubtful	-	-	-	-	-
Pass	1,598,713	1,567,218	1,539,421	1,304,527	1,275,048
Total Loans	$ 1,610,426	$ 1,578,292	$ 1,549,143	$ 1,311,019	$ 1,279,310
Nonperforming Assets
Non-accrual Loans	$ 291	$ 300	$ 311	$ 202	$ 205
Other Real Estate Owned and Repossessed Assets	83	168	168	168	194
Accruing Loans Past Due 90 Days or More	616	419	374	2	482
Total Nonperforming Assets	$ 990	$ 887	$ 853	$ 372	$ 881

	Three months ended			Nine months ended
	September 30,			September 30,
	2026	2025		2026	2025
Loans Charged-off	$ 7	$ 4		$ 13	$ 7
Overdrafts Charged-off	20	48		59	76
Loan Recoveries	(12)	(12)		(25)	(34)
Overdraft Recoveries	(6)	(27)		(12)	(37)
Net Charge-offs	$ 9	$ 13		$ 35	$ 12
Net Charge-offs to Average Loans²	0.00 %	0.00 %		0.00 %	0.00 %

¹Includes federal funds sold and interest-bearing deposits
²Annualized

FIRST COMMUNITY CORPORATION
INCOME STATEMENT DATA
(Dollars in thousands, except per share data)
	Three months ended		Three months ended		Three months ended		Nine months ended
	September 30,		June 30,		March 31,		September 30,
	2026	2025	2026	2025	2026	2025	2026	2025

Interest income	$ 30,007	$ 24,902	$ 29,175	$ 24,173	$ 28,039	$ 23,082	$ 87,221	$ 72,157
Interest expense	9,769	8,908	9,674	8,849	9,670	8,692	29,113	26,449
Net interest income	20,238	15,994	19,501	15,324	18,369	14,390	58,108	45,708
Provision for (release of) credit losses	193	201	126	(237)	193	437	512	401
Net interest income after provision for (release of) credit losses	20,045	15,793	19,375	15,561	18,176	13,953	57,596	45,307
Non-interest income
Deposit service charges	216	243	213	224	223	221	652	688
Mortgage banking income	614	934	1,070	879	681	759	2,365	2,572
Investment advisory fees and non-deposit commissions	2,605	1,862	2,286	1,751	2,271	1,806	7,162	5,419
Government guaranteed lending income	534	-	704	-	400	-	1,638	-
(Loss) gain on sale of other assets	(2)	-	-	127	-	-	(2)	127
Other non-recurring income	758	188	80	-	-	-	838	188
Other	1,263	1,242	1,284	1,225	1,215	1,196	3,762	3,663
Total non-interest income	5,988	4,469	5,637	4,206	4,790	3,982	16,415	12,657
Non-interest expense
Salaries and employee benefits	9,594	8,059	9,514	8,060	9,492	7,657	28,600	23,776
Occupancy	929	792	893	772	817	777	2,639	2,341
Equipment	386	377	406	390	379	390	1,171	1,157
Marketing and public relations	534	557	289	208	560	514	1,383	1,279
FDIC assessment	278	286	294	274	272	300	844	860
Other real estate expense, net	90	12	3	110	4	12	97	134
Amortization of intangibles	104	39	101	40	96	39	301	118
Merger expenses	104	575	503	234	1,581	-	2,188	809
Other	3,611	2,977	3,270	2,995	3,830	3,065	10,711	9,037
Total non-interest expense	15,630	13,674	15,273	13,083	17,031	12,754	47,934	39,511
Income before taxes	10,403	6,588	9,739	6,684	5,935	5,181	26,077	18,453
Income tax expense	2,359	1,396	2,144	1,498	437	1,184	4,940	4,078
Net income	$ 8,044	$ 5,192	$ 7,595	$ 5,186	$ 5,498	$ 3,997	$ 21,137	$ 14,375

Per share data
Net income, basic	$ 0.86	$ 0.68	$ 0.81	$ 0.68	$ 0.60	$ 0.52	$ 2.27	$ 1.88
Net income, diluted	$ 0.85	$ 0.67	$ 0.80	$ 0.67	$ 0.59	$ 0.51	$ 2.24	$ 1.85

Average number of shares outstanding - basic	9,367,699	7,668,043	9,366,415	7,663,964	9,215,205	7,647,537	9,316,998	7,659,923
Average number of shares outstanding - diluted	9,514,708	7,786,177	9,504,285	7,786,757	9,344,816	7,767,978	9,452,559	7,764,314
Shares outstanding period end	9,400,301	7,689,694	9,399,731	7,685,754	9,397,960	7,681,601	9,400,301	7,689,694

Return on average assets	1.34 %	1.00 %	1.29 %	1.02 %	0.95 %	0.82 %	1.19 %	0.95 %
Return on average common equity	13.83 %	13.04 %	13.62 %	13.68 %	10.34 %	11.05 %	12.65 %	12.62 %
Return on average tangible common equity (non-GAAP)	16.06 %	14.40 %	15.91 %	15.18 %	12.06 %	12.31 %	14.74 %	14.00 %
Net interest margin (non taxable equivalent)	3.58 %	3.26 %	3.50 %	3.19 %	3.35 %	3.12 %	3.48 %	3.19 %
Net interest margin (taxable equivalent)	3.59 %	3.27 %	3.51 %	3.21 %	3.37 %	3.13 %	3.49 %	3.20 %
Efficiency ratio¹	60.81 %	64.44 %	58.79 %	66.04 %	66.46 %	69.23 %	61.90 %	66.49 %

¹Calculated by dividing non-interest expense less merger expenses by net interest income on tax equivalent basis and non-interest income, excluding gain on sale of other assets and other non-recurring income.

FIRST COMMUNITY CORPORATION Yields on Average Earning Assets and Rates on Average Interest-Bearing Liabilities (Dollars in thousands)
	Three months ended September 30, 2026			Three months ended September 30, 2025
	Average	Interest	Yield/	Average	Interest	Yield/
	Balance	Earned/Paid	Rate	Balance	Earned/Paid	Rate
Assets
Earning assets
Loans	$ 1,593,106	$ 24,402	6.08 %	$ 1,280,814	$ 18,864	5.84 %
Non-taxable securities	45,254	357	3.13 %	45,699	346	3.00 %
Taxable securities	463,273	3,954	3.39 %	458,401	3,982	3.45 %
Int bearing deposits in other banks	143,535	1,294	3.58 %	159,323	1,709	4.26 %
Fed funds sold	1	-	0.00 %	56	1	7.08 %
Total earning assets	$ 2,245,169	$ 30,007	5.30 %	$ 1,944,293	$ 24,902	5.08 %
Cash and due from banks	27,327			24,455
Premises and equipment	29,593			29,402
Goodwill and other intangibles	32,038			14,985
Other assets	60,093			52,107
Allowance for credit losses - investments	(14)			(19)
Allowance for credit losses - loans	(18,561)			(13,408)
Total assets	$ 2,375,645			$ 2,051,815

Liabilities
Interest-bearing liabilities
Interest-bearing transaction accounts	$ 523,387	$ 2,314	1.75 %	$ 354,535	$ 1,093	1.22 %
Money market accounts	503,080	3,661	2.89 %	478,236	3,662	3.04 %
Savings deposits	105,052	48	0.18 %	105,948	66	0.25 %
Time deposits	346,863	2,913	3.33 %	340,611	3,174	3.70 %
Fed funds purchased	113	1	3.51 %	39	1	10.17 %
Securities sold under agreements to repurchase	100,884	582	2.29 %	104,987	639	2.41 %
FHLB Advances	-	-	NA	-	-	NA
Other long-term debt	14,964	250	6.63 %	14,964	273	7.24 %
Total interest-bearing liabilities	$ 1,594,343	$ 9,769	2.43 %	$ 1,399,320	$ 8,908	2.53 %
Demand deposits	539,555			475,324
Allowance for credit losses - unfunded commitments	609			490
Other liabilities	10,398			18,667
Shareholders' equity	230,740			158,014
Total liabilities and shareholders' equity	$ 2,375,645			$ 2,051,815

Cost of deposits, including demand deposits			1.76 %			1.81 %
Cost of funds, including demand deposits			1.82 %			1.89 %
Net interest spread			2.87 %			2.55 %
Net interest income/margin		$ 20,238	3.58 %		$ 15,994	3.26 %
Net interest income/margin (tax equivalent)		$ 20,301	3.59 %		$ 16,048	3.27 %

FIRST COMMUNITY CORPORATION Yields on Average Earning Assets and Rates on Average Interest-Bearing Liabilities (Dollars in thousands)
	Nine months ended September 30, 2026			Nine months ended September 30, 2025
	Average	Interest	Yield/	Average	Interest	Yield/
	Balance	Earned/Paid	Rate	Balance	Earned/Paid	Rate
Assets
Earning assets
Loans	$ 1,559,354	$ 70,125	6.01 %	$ 1,261,175	$ 54,482	5.78 %
Non-taxable securities	43,917	1,018	3.10 %	46,277	1,032	2.98 %
Taxable securities	463,490	11,654	3.36 %	454,354	11,766	3.46 %
Int bearing deposits in other banks	167,025	4,421	3.54 %	151,979	4,875	4.29 %
Fed funds sold	111	3	3.61 %	46	2	5.81 %
Total earning assets	$ 2,233,897	$ 87,221	5.22 %	$ 1,913,831	$ 72,157	5.04 %
Cash and due from banks	27,919			24,729
Premises and equipment	29,718			29,667
Goodwill and other intangibles	31,614			15,024
Other assets	59,976			52,609
Allowance for credit losses - investments	(16)			(22)
Allowance for credit losses - loans	(18,188)			(13,406)
Total assets	$ 2,364,920			$ 2,022,432

Liabilities
Interest-bearing liabilities
Interest-bearing transaction accounts	$ 527,448	$ 6,904	1.75 %	$ 344,739	$ 3,122	1.21 %
Money market accounts	494,649	10,732	2.90 %	459,933	10,475	3.05 %
Savings deposits	106,268	144	0.18 %	109,711	218	0.27 %
Time deposits	348,841	8,779	3.36 %	339,434	9,689	3.82 %
Fed funds purchased	39	1	3.43 %	14	1	9.55 %
Securities sold under agreements to repurchase	107,884	1,812	2.25 %	115,238	2,133	2.47 %
FHLB Advances	-	-	NA	-	-	NA
Other long-term debt	14,964	741	6.62 %	14,964	811	7.25 %
Total interest-bearing liabilities	$ 1,600,093	$ 29,113	2.43 %	$ 1,384,033	$ 26,449	2.56 %
Demand deposits	527,964			466,939
Allowance for credit losses - unfunded commitments	644			475
Other liabilities	12,855			18,661
Shareholders' equity	223,364			152,324
Total liabilities and shareholders' equity	$ 2,364,920			$ 2,022,432

Cost of deposits, including demand deposits			1.77 %			1.83 %
Cost of funds, including demand deposits			1.83 %			1.91 %
Net interest spread			2.79 %			2.48 %
Net interest income/margin		$ 58,108	3.48 %		$ 45,708	3.19 %
Net interest income/margin (tax equivalent)		$ 58,325	3.49 %		$ 45,867	3.20 %

The tables below provide a reconciliation of non‑GAAP measures to GAAP for the periods indicated:

		September 30,			June 30,			March 31,			December 31,			September 30,
Tangible book value per common share		2026			2026			2026			2025			2025
Tangible common equity per common share (non‑GAAP)	$	21.09		$	20.84		$	20.07		$	19.84		$	19.06
Effect to adjust for intangible assets		3.40			3.41			3.43			1.94			1.95
Book value per common share (GAAP)	$	24.49		$	24.25		$	23.50		$	21.78		$	21.01
Tangible common shareholders' equity to tangible assets
Tangible common equity to tangible assets (non‑GAAP)		8.50	%		8.37	%		8.00	%		7.47	%		7.15	%
Effect to adjust for intangible assets		1.24	%		1.24	%		1.23	%		0.67	%		0.67	%
Common equity to assets (GAAP)		9.74	%		9.61	%		9.23	%		8.14	%		7.82	%

Return on average tangible common equity	Three months ended September 30,				Three months ended June 30,				Three months ended March 31,				Nine months ended September 30,
	2026		2025		2026	2025			2026		2025		2026		2025
Return on average tangible common equity (non-GAAP)	16.06	%	14.40	%	15.91	%	15.18	%	12.06	%	12.31	%	14.74	%	14.00	%
Effect to adjust for intangible assets	(2.23)	%	(1.36)	%	(2.29)	%	(1.50)	%	(1.72)	%	(1.26)	%	(2.09)	%	(1.38)	%
Return on average common equity (GAAP)	13.83	%	13.04	%	13.62	%	13.68	%	10.34	%	11.05	%	12.65	%	12.62	%

	Three months ended							Nine months ended
	September 30,		June 30,		September 30,			September 30,
Pre-tax, pre-provision earnings		2026		2026		2025			2026		2025
Pre-tax, pre-provision earnings (non‑GAAP)	$	10,596	$	9,865	$	6,789	$		26,589	$	18,854
Effect to adjust for pre-tax, pre-provision earnings		(2,552)		(2,270)		(1,597)			(5,452)		(4,479)
Net Income (GAAP)	$	8,044	$	7,595	$	5,192	$		21,137	$	14,375

	Three months ended							Nine months ended
	September 30,		June 30,		September 30,			September 30,
Net income excluding the after-tax effect of merger expenses		2026		2026		2025			2026		2025
Net income excluding the after-tax effect of merger expenses (non‑GAAP)	$	8,123	$	7,979	$	5,630	$		22,857	$	14,991
Effect to adjust for the after-tax effect of merger expenses		(79)		(384)		(438)			(1,720)		(616)
Net Income (GAAP)	$	8,044	$	7,595	$	5,192	$		21,137	$	14,375

	Three months ended							Nine months ended
	September 30,		June 30,		September 30,			September 30,
Diluted earnings per common share excluding the after- tax effect of merger expenses		2026		2026		2025			2026		2025
Diluted earnings per common share excluding the after-tax effect of merger expenses (non‑GAAP)	$	0.86	$	0.84	$	0.72	$		2.42	$	1.93
Effect to adjust for the after-tax effect of merger expenses		(0.01)		(0.04)		(0.05)			(0.18)		(0.08)
Diluted earnings per common share (GAAP)	$	0.85	$	0.80	$	0.67	$		2.24	$	1.85

Certain financial information presented above is determined by methods other than in accordance with generally accepted accounting principles ("GAAP"). These non-GAAP financial measures include "Tangible book value per common share," "Tangible common shareholders' equity to tangible assets," "Return on average tangible common equity," "Pre-tax, pre-provision earnings," "Net income excluding the after-tax effect of merger expenses," "Diluted earnings per common share excluding the after-tax effect of merger expenses."

"Tangible book value per common share" is defined as total equity reduced by recorded intangible assets divided by total common shares outstanding.
"Tangible common shareholders' equity to tangible assets" is defined as total common equity reduced by recorded intangible assets divided by total assets reduced by recorded intangible assets.
"Return on average tangible common equity" is defined as net income on an annualized basis divided by average total equity reduced by average recorded intangible assets.
"Pre-tax, pre-provision earnings" is defined as net interest income plus non-interest income, reduced by non-interest expense.
"Net income excluding the after-tax effect of merger expenses" is defined as net income plus merger expenses less income taxes on merger expenses. For purposes of our non‑GAAP reconciliation, deductible merger expenses were tax‑effected at our marginal tax rate of 23.84%, while non‑deductible merger‑related costs were tax‑effected at 0%. The after‑tax adjustment represents the combination of these two components.
"Diluted earnings per common share excluding the after-tax effect of merger expenses" is defined as ((net income plus merger expenses less income taxes on merger expenses) divided by the average number of diluted shares outstanding). For purposes of our non‑GAAP reconciliation, deductible merger expenses were tax‑effected at our marginal tax rate of 23.84%, while non‑deductible merger‑related costs were tax‑effected at 0%. The after‑tax adjustment represents the combination of these two components.

Our management believes that these non-GAAP measures are useful because they enhance the ability of investors and management to evaluate and compare our operating results from period-to-period in a meaningful manner. Non-GAAP measures have limitations as analytical tools, and investors should not consider them in isolation or as a substitute for analysis of the company's results as reported under GAAP.

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SOURCE First Community Corporation

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What were First Community Corporation's third-quarter 2026 earnings?

First Community reported $8.044 million in net income and $0.85 in diluted EPS for the third quarter of 2026. Net income increased 54.9% year-over-year and 5.9% sequentially, while diluted EPS increased 26.9% and 6.3%, respectively.

When will FCCO pay its third-quarter 2026 dividend?

FCCO's $0.17-per-common-share dividend is payable November 17, 2026, to shareholders of record November 3, 2026. This represents the company's 99th consecutive quarter of cash dividends to common shareholders.

Did First Community Corporation repurchase shares during the third quarter of 2026?

First Community did not repurchase any shares during the third quarter of 2026. Its existing plan authorizes up to $7.5 million in common-stock repurchases from time to time through May 7, 2027.

How did FCCO's deposit and funding costs change in the third quarter of 2026?

First Community's deposit and funding costs were unchanged from the second quarter. The cost of deposits was 1.76%, and the cost of funds was 1.82% in the third quarter of 2026.

First Community Corporation Announces Third Quarter Results and Cash Dividend